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Fair Value Measurement of Financial Instruments under IFRS 13 (2 days)

Course Details

Code:1222
Level
Intermediate
CPD
16 Hours
Time
09:00-18:00
Location
London
Cost
£2,650.00
Subject to UK VAT (Read more)
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Introduction

IFRS 9 requires certain financial instruments to be measured at Fair Value whilst IFRS 13 provides the principles for fair valuing such instruments. The aim of the course is to develop the concepts and tools necessary for determining the fair value of certain financial instruments using excel.

The course does not aim to provide participants with black box calculators for determining fair values but instead to focus on the principles and techniques needed to build such models and understand their implications.

At the end of this seminar participants will:

  • Have an understanding of the requirements in IFRS 13 for determining the fair values of certain financial instruments.
  • Have an understanding of the principles and methods for determining such fair values.
  • Have applied the above to determine the fair values of instruments using excel.

Participants on this course might also be interested in our 3-day training on Methodologies for Determining Expected Credit Loss under IFRS 9.

Learning Objectives

  • IFRS 13 requirements on fair value measurement of financial instruments.
  • The principles and methodologies used for determining such fair values.
  • Application of the principles and methodologies to determine fair values of financial instruments using excel.

Who Should Attend

  • Financial and management accountants in corporate and financial institutions
  • Staff in treasury, operations, risk management, IT or compliance departments
  • Internal auditors of entities reporting under IFRSs
  • External auditors with clients facing the complexities and challenges in adopting and implementing IFRS 9
  • Staff and management of Central Banks, Deposit Insurance Entities, and other agencies with regulatory responsibility in the financial services sector
  • Financial analysts seeking to improve their understanding of the accounting and disclosures related to financial instruments and the changes introduced by IFRS 9
  • Professors and other instructors with educational facilities
  • First-time adopters of IFRSs, seeking to analyze the implications of applying IFRS 9 initially

Topics

  • IFRS 13 requirements for the valuation of Financial Instruments;
  • Fair value measurement of Fixed and floating rate bonds;
  • Fair value measurement of simple fixed to floating interest rate swaps;
  • Fair value measurement of foreign exchange and interest rate forward contracts;
  • Fair value measurement of equity instruments and European style options on such instruments;
  • Fair value measurement of Convertible bonds – using a combination of valuation techniques explored above for the purposes of classification and measurement under IAS 32.

Teaching Method

  • Interactive knowledge transfer ‘classroom style’ sessions covering the requirements of IFRS 13 and relevant valuation techniques; and
  • Interactive skills development ‘workshop style’ sessions using excel to measure the fair value of a range of financial instruments.
  • All participants will receive a comprehensive binder containing copies of the presentation slides, handouts and other course materials
  • Participants should be comfortable with using excel and should have access to a computer with excel during the course.

Instructors

The instructor for this course will be drawn from one of our core faculty of subject matter experts. Further details will be published at the earliest opportunity.

Venue

Our seminars take place in 4 star professional conference facilities, generally in city-centre hotels like the Marriott, Sheraton or Hilton brands. Detailed Joining Instructions are sent to all registered delegates by email approximately one month before the event. The Joining Instructions will confirm exact venue details and nearby (or onsite) hotel recommendations with bedroom rates where available. Coffee and lunch will be provided.

CPE/CPD Accreditation

IASeminars is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org .

 

Field of study: Accounting

Prerequisites

Understanding of Discounted Cash Flow techniques. Participants should be comfortable with using excel and should have access to a computer with excel during the course.